Goldman Sachs over half of its clients expect global stock markets to return negatively this year-easeljs

Goldman: over half of the customer expects the global stock market this year is a negative return on Sina Finance Level2:A shares of sina finance client speed Kanpan: the most profitable investors in Chinese securities network according to foreign media reported on 17, the S & P 500 index has fallen by 9% since the beginning of the year. A new survey conducted by Goldman Sachs shows that the proportion of customers in the company worried about the global recession is increasing. "Fund managers worry that the global economy’s negative sentiment has been established and the recession is coming," said David Kostin, the chief American equity strategist and his team. More than 1/3 of all clients attending our recent macro meeting in Hongkong expect that the highest risk adjusted return will be cash in all asset types of 2016. Nearly 60% of participants expect global stock markets to show negative returns this year." Goldman’s team did not question these heightened concerns, but the team said that consumers’ strong performance should not be overlooked. "Many investors believe that the economy is on the edge of recession. However, quantitative and qualitative indicators of consumer activity indicate that spending will continue, and economic expansion will continue." So unless consumers begin to become more cautious and slow down spending, Goldman is still optimistic about the global economy. Recently released retail sales data showed strong performance in all areas, rising for third consecutive months in January, and 8 of the 13 major categories showed demand growth over the previous month. It is worth noting that Goldman Sachs set the 12 month target of the S & P 500 index to 2100 at the start of the year, one of the lowest in many institutions, but as many other companies have lowered their forecast targets, Goldman is now close to the top. The stock market will need to rise by 13% in order to meet Goldman Sachs’s forecast target. Sina statement: this news is reprinted from Sina cooperation media, Sina published this article for the purpose of transmitting more information, does not mean to agree with its views or confirm its description. This article is for reference only and does not constitute investment advice. Investors operate accordingly and take risks at their own expense. Enter Sina Financial shares] discussion